Morgan Stanley CEO James Gorman to Step Down Within Next 12 Months
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Morgan Stanley CEO James Gorman to Step Down Within Next 12 Months

Morgan Stanley CEO James Gorman announced at the bank’s annual shareholder meeting that he will step down from his position within the next 12 months. While the specific timing of the transition has yet to be determined, Gorman stated that both he and the board expect the change to occur unless there is a significant…